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re: World GDP rose by 35% over the last 10 years yet GDP of USA was a modest 28%

Posted on 4/5/25 at 8:45 am to
Posted by CamdenTiger
Member since Aug 2009
65813 posts
Posted on 4/5/25 at 8:45 am to
We funded world growth at our own expense; or more likely, our Politicians funded world growth, with our tax money
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/5/25 at 8:46 am to
quote:



It’s been suggested by many the last few days and even in this thread.


I have never seen anyone suggest this.

Now, if you had said their growth would help us, that could be correct.

Raise their standards of living they will pay higher wages and our productes will be relatively cheaper.

But their numbers have no affect on ours and arent used in our calculations.
This post was edited on 4/5/25 at 8:48 am
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477256 posts
Posted on 4/5/25 at 8:46 am to
quote:

We funded world growth at our own expense;

But...we didn't. We funded our own growth and dominant position in the world economic stage.

Did other countries benefit? Sure, that's how trade works.
Posted by Robin Masters
Birmingham
Member since Jul 2010
35947 posts
Posted on 4/5/25 at 8:47 am to
Thank you. I’ll check it out later today. Volleyball tournament starting.

Posted by GenacGenacGenac
Member since Mar 2025
193 posts
Posted on 4/5/25 at 9:11 am to
U haven’t heard a girl named lam boni she a pretty smelly
Posted by lake chuck fan
Vinton
Member since Aug 2011
23831 posts
Posted on 4/5/25 at 9:32 am to
quote:


Do you realize how impressive this is for the US?

Hint: when you start from a big number, % growth is much more difficult.

Hint: we started at #1 10 years ago


Hint: as a result of the trade policy changes, it will be more impressive!
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/5/25 at 9:40 am to
quote:



Hint: as a result of the trade policy changes, it will be more impressive!




Trade policy will shrink GDP, just like it did previously.

Posted by Hayekian serf
GA
Member since Dec 2020
4215 posts
Posted on 4/5/25 at 9:53 pm to
10-year GDP growth (2014–2024) for the world’s 10 largest economies:
1. United States: Grew from $17.6 trillion to $28.8 trillion — up 63.5%
2. China: Grew from $10.5 trillion to $18.5 trillion — up 76.1%
3. Germany: Grew from $3.89 trillion to $4.59 trillion — up 18%
4. Japan: Shrunk from $4.9 trillion to $4.1 trillion — down 16.1%
5. India: Grew from $2 trillion to $3.9 trillion — up 93.1%
6. United Kingdom: Grew from $3.07 trillion to $3.5 trillion — up 14%
7. France: Grew from $2.85 trillion to $3.13 trillion — up 9.8%
8. Brazil: Shrunk from $2.45 trillion to $2.33 trillion — down 5.1%
9. Italy: Grew from $2.13 trillion to $2.3 trillion — up 7.7%
10. Canada: Grew from $1.8 trillion to $2.24 trillion — up 24.2%
Posted by northshorebamaman
Mackinac Island
Member since Jul 2009
38344 posts
Posted on 4/5/25 at 10:42 pm to
quote:


The countries with higher GDP “growth” are by and large developing countries. Which makes sense. They should have a higher % of GDP growth than the largest, best developed country and economy in the world.
It's embarrassing that this even has to be explained and just plain fricking sad that some still don't get it multiple pages in. Holy frick.
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8646 posts
Posted on 4/5/25 at 11:23 pm to
quote:

10-year GDP growth (2014–2024) for the world’s 10 largest economies:
1. United States: Grew from $17.6 trillion to $28.8 trillion — up 63.5%
2. China: Grew from $10.5 trillion to $18.5 trillion — up 76.1%
3. Germany: Grew from $3.89 trillion to $4.59 trillion — up 18%
4. Japan: Shrunk from $4.9 trillion to $4.1 trillion — down 16.1%
5. India: Grew from $2 trillion to $3.9 trillion — up 93.1%
6. United Kingdom: Grew from $3.07 trillion to $3.5 trillion — up 14%
7. France: Grew from $2.85 trillion to $3.13 trillion — up 9.8%
8. Brazil: Shrunk from $2.45 trillion to $2.33 trillion — down 5.1%
9. Italy: Grew from $2.13 trillion to $2.3 trillion — up 7.7%
10. Canada: Grew from $1.8 trillion to $2.24 trillion — up 24.2%


Honestly, setting aside the OP's criminal stupidity about American economic policy in this thread, Brazil's economic underperformance over the last ten years is a geopolitical catastrophe. Holy shite that is bad for a country that should be approaching double digit growth YoY given its advantages.

Funny thing about that "BRICS" that some of these morons keep chirping about - it's China and a bunch of economic dwarves and dysfunctionals, only one of which (India) will amount to anything globally meaningful within our lifetimes.
Posted by Feelthebarn
Lower Alabama
Member since Nov 2012
3748 posts
Posted on 4/6/25 at 8:05 pm to
Thats not the context of what I meant, my bad
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